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To: Ferick who wrote (10638)7/11/1999 8:56:00 PM
From: Robert Satkowiak  Respond to of 13091
 
Ned,

If your like me I'm starting to believe that Mr Carraway has a machine and process that doesn't work. For the life of me I can't think of another reason why he won't make a deal happen.

Common on Bill, give up some of the rights and make a deal happen, or is there something your trying to hide?

Rob Satkowiak



To: Ferick who wrote (10638)7/12/1999 5:26:00 PM
From: Charles A. King  Read Replies (1) | Respond to of 13091
 
Ned, there are various agencies that report on petroleum data. The International Energy Agency (IEA) reports on global petroleum data such as the amount of crude oil it thinks is stored around the world.

The Energy Information Agency (EIA) of the US Energy Department reports on stored petroleum in the US. The American Petroleum Institute also reports on its sample of stored petroleum and last week traders were aghast by the difference between their reported numbers for stored gasoline. The EIA said it had gone up 100,000 barrels and the API said it had gone down 400,000. Of course, these are small differences between large projected numbers derived from samples. The EIA reports on stored petroleum numbers after the close on Tuesdays, so the effects on prices can be seen on Wednesdays.

The EIA also samples wholesale and retail prices around the country.

eia.doe.gov

From this it can be seen that the prices of heating oil and diesel (distillate products) have been climbing for the past several weeks. I like to watch the price of heating oil on the NYMEX because that predicts the near future price traders are paying. The current price is for August delivery and if the decision was made today to start the plant, it wouldn't be selling diesel before August anyway. Since June 21, the NYMEX price of heating oil has gone up 6.6 cents.

Charles